Answer:
planning
Explanation:
Based on the information provided within the question it can be said that in this scenario Jim is using the function of planning in order to determine this. The planning management function focuses on thinking ahead in order to set things into motion so that everything functions accordingly and efficiently in the future. Which is what Jim is doing by stating that in order to increase the production by 20% like they need, they have to hire 10 new employees.
Answer:
The journal entries are as follows:
(i) On December 1,
Merchandise inventory A/c Dr. $5,700
To Account payable $5,700
(To record the merchandise purchase on account)
(ii) On December 6,
Account payable A/c Dr. $5,700
To cash $5,586
To Merchandise inventory $114
(To record the payment of merchandise within the discount period)
Workings:
Cash = 98% × $5,700
= $5,586
When purchasing load mutual funds, you are charged a fee, or commission, which is added to the fund's net asset value.
Option a is the correct answer because the second stage is c2 for acceptance from two stages c1 and c2.
The second stage of a two-stage acceptance sampling plan is executed when the first-stage result is <u>c1 < x1 < c2</u>.
A sampling plan is a detailed outline of when, what materials, how, and by whom measurements will be taken. Statistical sampling plans obey the laws of probability, so valid inferences about a population can be drawn from the statistics of a sample drawn from the population.
A sampling distribution is a statistical probability distribution obtained from a large number of samples from a given population. The sampling distribution for a given population is the frequency distribution of the different outcomes that can occur for a population statistic.
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